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Course List
Introduction to the Securities Industry
Introduction to the Securities Industry
Introduction to U.S. Securities Processing
Securities Lending and Borrowing : An Operations Perspective
Foundations of Investment Management and Buyside Operations
Dealing with Change in the Financial Markets
Collateral Management: An Operations Perspective
International Issues
International Securities Operations
International Portfolio Accounting
Foreign Currency: Markets, Clearance, Settlement & Accounting
Foreign Exchange: Lifecycle of a Trade
Corporate Actions
U.S. Domestic Corporate Actions
Global Corporate Actions
Capital Markets
Capital Markets Overview
Capital Market Economics - Investigating the Linkages Between the Real Economy and the Financial Markets
Portfolio Management
Portfolio Management
Securities Analysis
Managing Risk
Risk in a Global Market - Management and Operational Challenges Looking Forward
Financial Management
Financial Accounting and Financial Mathematics
Financial Statement Analysis
Fixed Income Securities
Bond Math: Mathematics of the Fixed Income Market
Structured Securities: MBS, ABS, CDOs
Introduction to Fixed Income Products
Accounting for Fixed Income Securities and Derivatives
Mortgage-Backed Securities
Collateralized Debt Obligations and Credit Default Swaps (CDOs and CDS)
Fixed Income Analytics
Interest Rate Swaps and Credit Default Swaps
Fixed Income Securities Trade Processing and Operations
Accounting, Regulatory & Management
Stock Brokerage Accounting & Securities Regulations
Introduction to Private Equity Markets
Trading After the Volcker Rule
Dodd-Frank for Non-US Derivatives Users
Complying with the MiFID II/MAR Rules
Introduction to Derivative Products
Derivatives: Markets, Operations, Accounting & Control
Derivative Products: Risk Management and Valuation
Option Valuation and Trading
Equity Derivatives: Futures and Swaps
Interest Rate Futures and Swaps
Introduction to Options: Products, Trading & Processing
Swaps Processing and Operations
Commodity Futures: Energy, Metals and Agricultural
Equity Options: Strategies, Accounting and Operations
Mutual Funds
Introduction to Mutual Funds
Mutual Fund Operations

Course Description
Capital Markets Overview
Available Dates:
There are no dates available.
Course Code: 500
Duration: 1 day
Level: Basic
Fee: $795.00
CPE Credits: 6
Prerequisite: No Prerequisite Required.

This seminar provides an expansive overview of the international capital markets, major participants and types of financial instruments. The program begins with an introduction to capital markets and their role in the operation of the economy. The bulk of the presentation will be devoted to a detailed exploration of the structure and operation of four major sectors of the global financial system: foreign currency markets; securities markets (both debt and equity); derivatives markets (futures, options and swaps).

Much of the focus of the seminar will be on basic concepts: terms and definitions; the structure and operation of markets; characteristics of securities and derivative contracts as well as risk management and speculative trading applications. In that regard the program would be especially helpful to individuals starting a career in the markets or experienced professionals new to the securities industry.

The seminar would also be helpful to experienced mid career professionals from support areas such as clearance and settlement, compliance, financial control and information technology who would benefit from a comprehensive look at the markets in which their companies operate.

Topics for Discussion Include:

Capital Markets

  •  Market Sectors
    • Foreign exchange
    • Credit/debt
    • Equity
    • Insurance
    • Derivatives
  •  Role of capital markets in functioning of the economic system
  •  Markets
    • Primary and secondary
    • Exchanges
    • Over-the-counter
  •  Financial instruments, intermediaries and institutions

Central Banks, Monetary Policy and Financial Markets

Foreign Exchange Market

  •  Exchange rates
    • Flexible
    • Fixed
    • Pegged
    • Managed float
  •  Foreign currency trading
    • Spot
    • Forward
  •  Economics of spot and forward currency exchange rates

Fixed Income Markets

  •  Debt market and instrument fundamentals - terms and definitions
  •  Fixed income security prices and yields, risk and return, yield curves
  •  Types of fixed income instruments 
    • Treasuries 
    • Corporates
    • Municipals
    • Mortgage/asset backed securities

Equity Markets

  •  Equity market fundamentals - terms and definitions
  •  Analysis and valuation of equity securities

Derivatives Markets

  •  Characteristics of derivative contracts 
    • Futures 
    • Options 
    • Swaps
  •  Risks and cash flows of derivatives contracts; compared to securities
  • Risk management and trading applications

After completing this program participants should be able to:

  • Recognize and describe the primary functions and key features of the sectors of the capital markets: securities, derivatives, foreign exchange markets
  • Discuss the key differences of debt securities versus equities: contractual relationship to issuer; capital structure implications; investment characteristics
  • Describe the basic features common to most fixed income securities as well as the distinguishing characteristics unique to the various sectors (treasury, corporate, municipal, mortgage and asset backed)
  • Recognize the main types of derivative instruments (futures/forwards, options and swaps) and how they are used to manage risks
  • Explain the basics of the foreign exchange markets: direct versus indirect quotes; spot and forward exchange rates; covered interest arbitrage/interest rate parity